Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

calculatordefinitions

Current balance

Current outstanding balance on your credit card.

Pay off goal (in months)

Your goal for paying off this credit card. This is the number of months by which you would like to have completely paid off this credit card balance.

Current monthly payment

The amount you are currently paying per month on this credit card. Please enter the amount you actually pay, not the minimum payment. This amount is used to calculate how long it will take you to pay off your balance.

Planned additional monthly charges

Total new charges you expect to put on this credit card per month.

Interest rate (APR)

The annual percentage interest rate being charged for this credit card.

Annual fee

Your annual fee for this credit card, if any.

Major purchase

If you expect a major purchase beyond your normal charges, enter the amount to be spent here.

Months from now

Number of months before your major purchase will occur.

Discounts & Benefits

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